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Jumia is a public company based in Algeria, founded in 2012 by Sacha Poignonnec and Jeremy Hodara. It operates as an Online marketplace offering multi-category products. Jumia has raised $593M in funding from investors like Summit Partners, Goldman Sachs and JPMorgan Chase. The company has 728 active competitors, including 32 funded and 17 that have exited. Its top competitors include companies like Amazon, JD.com and VipShop.
Sectors and market segments that Jumia operate in
Jumia serves in the B2C space in the Retail market segments.The primary business model of Jumia is:Company Details
Online marketplace offering multi-category products. The product catalog includes electronics, healthcare, beauty, sports, garden accessories, and more. The mobile application is available for Android and iOS users.
- Website
- group.jumia.com
- Social
- Email ID
- *****@jumia.com
Key Metrics
Founded Year
2012
Location
Stage
Public
Total Funding
$593M in 8 rounds
Latest Funding Round
Investors
Ranked
3rd among 728 active competitors
Exit Details
Public
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Jumia's funding and investors
Filter this listJumia has raised a total funding of $593M over 8 rounds. Its first funding round was on Oct 09, 2012.
Jumia has 18 institutional investors including Summit Partners, Goldman Sachs and JPMorgan Chase.
Here is the list of recent funding rounds of Jumia:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jun 03, 2025 | Undisclosed | Post IPO | - | - | - |
Mar 29, 2019 | $56M | Series D | - | - | |
Dec 21, 2018 | Undisclosed | Series D | - | - |
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Jumia's founders and board of directors
Founder? Claim ProfileThe founders of Jumia are Sacha Poignonnec and Jeremy Hodara.
Here are the details of Jumia's key team members:
- Sacha Poignonnec: Co-Founder & Co-CEO of Jumia and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Jeremy Hodara: Co-Founder & Co-CEO of Jumia and founder of 2 other companies, Jumia and Jumia.
View details of Jumia's Founder profiles and Board Members
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Jumia's Competitors and alternates
Top competitors of Jumia include Amazon, JD.com and VipShop. Here is the list of Top 10 competitors of Jumia, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Amazon 1994, Seattle (United States), Public | Online marketplace offering multi-category products | $8M | 81/100 | |
2nd | Online retailer offering multi-category consumer products | $2.85B | 76/100 | ||
3rd | Online marketplace offering multi-category products | $593M | 76/100 | ||
4th | Online flash-sales retailer offering multi-category consumer products | $120M | 75/100 | ||
5th | Showroomprive.com 2006, Paris (France), Public | Online shopping platform for multi-category products | $80.9M | 73/100 | |
6th | Wish Shopping 2009, San Francisco (United States), Acquired | Online marketplace platform offering multi-category consumer products | $929M | 70/100 | |
7th | LightInTheBox 2007, Beijing (China), Public | Online retailer offering multi-category consumer products | $35M | 69/100 | |
8th | Taobao.com 2003, Hangzhou (China), Series B | Online marketplace offering multi-category consumer products | $40M | 68/100 | |
9th | Online marketplace offering multi-category consumer products | - | 63/100 | ||
10th | Paytm Mall 2017, Bengaluru (India), Series E | App-based marketplace offering multi-category consumer products | $817M | 60/100 |
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Jumia's Investments and acquisitions
Jumia has made no investments or acquisitions yet.
Reports related to Jumia
Here is the latest report on Jumia's sector:
News related to Jumia
Filter this listMedia has covered Jumia for a total of 16 events in the last 1 year, 5 of them have been about company updates and 2 about partnerships.
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683 Capital Management LLC Invests $3.38 Million in Jumia Technologies AG (NYSE:JMIA)MarketBeat•May 04, 2025•Jumia
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PalmPay, Jumia Enter Strategic Partnership, Launch Integration For Shoppers In NigeriaIndependent•Dec 12, 2024•PalmPay, Jumia, Jumia, Jumia Nigeria
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230,036 Shares in Jumia Technologies AG (NYSE:JMIA) Acquired by Dorsey Wright & AssociatesMarketBeat•Dec 08, 2024•Dorsey Wright and Associates, Jumia
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Jumia Egypt Partners with Premium Card to Support E-commerce Growth in EgyptWebDisclosure•Nov 18, 2024•Jumia, Premium Card
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Jumia Ghana expands operations with new warehouse ahead of black friday 2024Business and Financial Times•Oct 30, 2024•Jumia
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Jumia Technologies AG’s $100 Million At-The-Market OfferingGlobal Legal Chronicle•Sep 10, 2024•Jumia, RBC Capital Markets, Berenberg, Latham & Watkins
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